The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1887-06-04
YANDALIA PURCHASE,
TuE lyRs,sTAYNER SYNDICATE
Again Comes lato Prominence by Buying
the Yaudaita Ltne-How the Sale WIN
Probably ARsct the Pennsylvania
RAilrOad-Psar NO Trouble.

PITrBURdH, June S.-The purchase oi
the Vsndalia Line, by the Iyes.stayner syn
dictate was the all absorbing topic among
railroad men and merchants and brokera
to-day. Dispatches from the East and
West seemed TO cross each other here,
the Eastern news seeming to scout the
idea that the sale was either concluded OF
contemplated, the Western dispatches
affirming tba! the sale was q fixed fact,
Mr.. Henry s. Ives, who was West con-
dncting the nsQotiotiOns, was reported as
passing like Q summer cloud from st, Louis
to Terrs Hau!e, to indianapolis, to Gin
OinnAti, dropping q news item at each
place, whether to relate facts or infuanCe
the market could not exactly be told,
At Cincinnati he is reported as saving
that the syndicate has bought the Van
dalIa and expected TO be put Ia possession
Of Il next week. That they should build
few links bstween indianapolis aud
ParkersbuEg aud then they would have
o line from Baltimore to 81, Louis 100
miles shorter than any other trunk line,
This would make q very important factor
In assisting in the Baltimore & Ohio deal
which In iEa unfinished condition Ia hup.
posed to bs eating the syndicate up with
high interest.
The Pennsylvania Company now uses
the Vandalia Line Tor its immense traffic
from Indianapolis 10 st, Louis, and, II they
are bothered in their use Of 1t, will fall
back on the use OF the Indianapolls and
81, Louis road, called the "Bee" Line, be.
tween those points, which Is controlled by
the New York Central, This failing, they
can hook up q road oi their own through
that level country Ia short time,
Gen. ]. N. Mccullough, the First Vice
President and executive officer ot the
Pennsylvania Company, was seen In his
office this morning, but outside OF the pub
lished dispatches about the sale he said he
knew nothing that would be Of special in-
tersst to the public. He was in tele-
graphic Communication with PRECEDENT
Roberts In Philadelphia and With Mr..
McKeen, the President Of the YandaltR
Line az fsre Haute, but had mot received
any confirmation Of the public rumors Of
the sale. ave had" said he, "known Of
the hunting around oi tho Syndicate to
tap one Of our lines Of support and outlet,
and were not surprised by the newspaper
dispatches revealing their locality. The
probabilities Of such sales and transfers
are always discussed, Of course, by the
managers Of railroad lines long before It
gets to the public ear 90 that the press dis.
patches contain little new 10 them"
The Vandalia line 10 a road running from
Indianapolis TO 81. Louis through TeIre
Hsute. It 10 2I0 miles between those
points, and branch reaches north from
TeEe Hsute to South Bend, Indiana,
whero II connects with the Michigan Cen.
trail and Southern. At Plymouth, lad,
II crossea The Ft. Wayne railroad. At
LoSauspoftit connects with the Louisville,
New Albiry and Qhicsgo railroad, and
joins the main line at Terre Hauts. It's
crossed aud fed by o doz,a roada euch 60
Iths Iilinpis Central, the Ohio L Misslsslp.
| pi, tho Wabash, aud II runs In connection
with the Illinois Central through tr ms
between Chicsgo aud ST. Louis.
The Pennsylvania Company own large
amount OF the Vaudalia geGuritles, bonds
and stocks, and II Ia not likely suy short
turn can be taken on them by any change
Of oynenhip or management.